Sales rose 8% in September

Sales rose 8% in September to SEK 397.8 M (369.8). Compared with the same month in 2007, 16 stores have been added and the total number of stores on 30 September 2008 was 90. Of the total sales during the month, stores accounted for SEK 386.6 M (357.8) and mail order/Internet for SEK 11.2 M (12.0) Sales by country were distributed as follows: Sweden: SEK 211.4 M (208.6) + 1% Norway: SEK 154.5 M (134.8) + 15% Finland: SEK 31.9 M (26.4) + 21% Total sales during the five month period (May 2008 – September 2008) increased by 9% to SEK 1 918.7 M (1 763.8). The Q2-report for 2008/09 will be published on 5 December 2008 Clas Ohlson´s first store in the UK, located in Croydon London, is scheduled to be opened at the end of November 2008. For more information please contact: Klas Balkow, CEO and President: +46 (0)247-447 55 John Womack, Director Information & IR: +46 (0)70-678 24 99

About Us

Clas Ohlson was founded in 1918 as a mail order business based in Insjön, Sweden. Today, the company offers products and services for the everyday practical problems, in five countries via its over 200 stores and online. Clas Ohlson offers a wide range of affordable products in five product areas: Hardware, Electrical, Home, Multimedia and Leisure. The company is listed on Nasdaq Stockholm, has sales of approximately 8 billion SEK and more than 4,800 employees. Visit Clas Ohlson at www.clasohlson.com.

Contacts

  • Clas Ohlson

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